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Introduction to Dynamic Modeling with STELLA and iThink

Hosts: isee systems
Lexidyne, LLC
Dates: June 25-27, 2012
Location: Antlers Hilton
Colorado Springs, CO
Course Fee: $1,500
Special
Discounts:
20% for University
50% for K-12
(Contact us for details)
Dr. Mark Paich addresses workshop

Overview

Whether you are new to Systems Thinking or it's been a while since you've used the STELLA or iThink software, this two and a half day workshop provides the most efficient way to come up to speed with the dynamic modeling process. The course focuses on Systems Thinking principles like system-as-cause, stock/flow structure, feedback loops, and operational thinking. Through guided, hands-on exercises, you’ll apply those principles to real-world problems using STELLA and iThink.

We'll draw upon years of experience to help build your skills and facilitate modeling an issue of your own choosing. Participants should come prepared with a real modeling project - a business process that needs improvement, a policy decision that needs testing, or a problem that must be solved. Work teams are encouraged to attend.

This workshop is a direct response to customer demand. Please sign-up early; space is limited.

Course Outline

  • Dynamic Modeling Applications: Where and when to use the approach
  • Modeling Language: Stocks, flows, connectors and converters
  • The Dynamic Modeling Process: From problem conceptualization to solution
  • System Design: Using operational templates to generate behavior
  • Key Concepts: Feedback, system as cause, operational thinking, main chains of activity
  • Selected Details of the STELLA and iThink Applications: Interface features, built-in functions, arrays, etc.
  • Individual/Group Projects: Facilitated sessions in which participants work on topics or problems of their choosing

About the Faculty

Introduction to Dynamic Modeling with STELLA and iThink is taught by some of the premier minds in system dynamics and modeling: Mark Paich, Corey Peck, Steve Peterson, and Jason Valant. Together they bring over 80 years of teaching and practical experience to class. Examples from real engagements with clients in automotive, telecommunications, technology, financial services, pharmaceuticals, government, aerospace, education, not for profit, and fine arts markets help guide discussions.

Mark, Corey, Steve, and Jason are principals at Lexidyne, LLC, a leading provider of dynamic modeling consulting and training services.

Mark Paich Mark Paich is widely regarded as one of the world’s foremost experts on the dynamic modeling methodology. Mark is a proven analyst and instructor and has published work in numerous journals and books including Management Science, Sloan Management Review and John Sterman’s Business Dynamics. With 30 years of modeling experience, Mark's clients include more than fifty Fortune 500 companies.  In 2002, Mark’s work with General Motors was awarded 2nd place in the Edelman Competition for best work in operations research and management science.  As co-author of Pharmaceutical Product Branding Strategies: Simulating Patient Flow and Portfolio Dynamics (2nd Edition, Informa Healthcare, 2009), Mark was presented with the Jay Wright Forrester Award in 2010.

Corey Peck Corey Peck has been using iThink/STELLA for almost 20 years and has wide-ranging experience in model design, creation, analysis, and dissemination.  He is a recognized industry leader in dynamic modeling and was presented with the Jay Wright Forrester Award in 2010 for his work as a co-author of Pharmaceutical Product Branding Strategies: Simulating Patient Flow and Portfolio Dynamics (2nd Edition, Informa Healthcare, 2009).  Corey started his career with High Performance Systems (now isee systems), and has since gone on to found two highly successful dynamic modeling consultancies.  His current role as Managing Director of Lexidyne, LLC involves partner development, delivery of both public and in-house software training courses, and various client engagements. 

Steve Peterson Steve Peterson has been described as one of the “unsung heroes” of the dynamic modeling community. With 25+ years of experience in applying and teaching dynamic modeling, Steve has a broad range of knowledge and experience.  Client projects have ranged from strategy design and personnel management to finance, marketing analysis, and process-improvement. He has worked in a wide range of industries, including government (Defense, Energy), pharmaceuticals, foundations, automotive, and financial services. Much of Steve’s professional career was spent at High Performance Systems (now isee systems) where he was instrumental in the design and development of STELLA and iThink. Steve currently is on the visiting faculty at Dartmouth’s Thayer School of Engineering, where he teaches system dynamics.

Jason Valant Jason Valant is a recognized industry leader in dynamic modeling and was presented with the Jay Wright Forrester Award in 2010 for his work as a co-author of Pharmaceutical Product Branding Strategies: Simulating Patient Flow and Portfolio Dynamics (2nd Edition, Informa Healthcare, 2009). He is highly regarded for his model building, data analysis, and project dissemination skills (particularly with a number of top pharmaceutical and biotech companies) and is known for his ability to present dynamic concepts in very clear and accessible ways. Jason also specializes in the application of the dynamic modeling approach to issues of economic development and workforce planning.

 
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